| XLU latest price $58.7300 (-1.89%) ($58.5500 - $59.9400) on Fri. Oct. 27, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.19% (three month average) |
RSI | 56 |
Latest Price | $58.7300(-1.89%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLU advances 0.2% a day on average for past five trading days. |
Weekly Trend | XLU advances 0.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XLU advance at 0% a week (0% probability) SPLV(84%) SDY(82%) IFRA(80%) VYM(75%) XLRE(73%) |
Factors Impacting XLU price | XLU will decline at least -0.595% in a week (0% probabilities). VXX(-42%) TBT(-35%) VIXM(-34%) USO(-11%) UUP(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.595% (StdDev 1.19%) |
Hourly BBV | -1.6 () |
Intraday Trend | -1.5% |
| |
|
|